Ok, Here goes: I just got off the phone with Eagle Recovery and also Asset Acceptance Assoc., Inc. They have contacted me saying I opened a Providian Bank Charge Card in Aug. of 2000. I can't remember this card and asked them to tell me what was charged and if it was mine, I will make arrangements to pay off the debt I owed to Providian. They could only give the principal amount to me as $1146.10 and that was the amount owed when Asset bought my debt from Providian.
I got a letter in the mail from Eagle Recovery Associates, Inc. Yesterday saying I owe them $2122.40, so I call and tell them, in 2000 I was in college in Broken Arrow, OK and I had very bad credit from my younger years, I couldn't have possibly gotten a credit card for more than $300 limit if at all! I honestly don't remember if I got this card or not. I remember all my credit cards from the age of 18 and this one is not one I clearly remember. But, they say I made a couple of payments on it and then... Nothing! Maybe, I don't know. So, I'm trying to find out more info and they cannot help me see that it was mine, or the amount that was originally charged so it might jog my memory. I have moved 4 times since then, as my husband was in the US Army. I never got contacted until we moved here as far as I remember.
My question is this: IF Asset 'bought' and paid off my debt with Providian, why am I still responsible for it? I mean, "Thank you, Asset for paying off my debt!" Now, why isn't that considered a gift from them instead of a new debt I owe them when I have no contract with them? Do you see what I am saying? If a company pays my debt that I owed to the debtor, why am I responsible for it anymore? Why is that not considered a gift from Asset to me? I didn't ask them to pay it. Why should I now have to pay them for it with a lot of interest and fees stacked on top of what was originally owed? And another thing, the statute of limitations for Oklahoma for any debt written or oral is 5 yrs. From the time it goes into collections. Mine went in on May 23rd. Who can help me understand what letter to write to these people? Thanks!
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